The moral rights approach is based on which principle?

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Study for the UCF MAN6721 Applied Strategy and Business Policy Exam. Use flashcards and multiple choice questions with hints and explanations. Ace your test!

The moral rights approach is grounded in the principle of maintaining the fundamental rights and privileges of individuals. This ethical perspective emphasizes the inherent dignity of each person and the importance of upholding their rights, such as the right to privacy, freedom of expression, and fair treatment. By prioritizing these rights, organizations employing this approach ensure that their policies and practices respect the individual as a valuable human being, rather than viewing them merely as a means to an end.

This approach contrasts sharply with the other options, which might prioritize profit maximization, competitive advantage, or economic growth over individual rights. While these business considerations are important in their own right, they do not align with the moral rights approach, which seeks to protect and promote the fundamental ethical entitlements of all individuals involved in or affected by business decisions.